These are the top 40 most oversold ETFs on the market, for the short term. They are ordered by RSI (relative strength index) daily values.
Note the top two ETFs are USO, and UCO, our two favorite ETFs for trading oil.
Being oversold does not mean they can't be even more oversold, but if there is a bounce, these are the ones with the best prospects as a group.
Monday, May 24, 2010
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